THE PLACE OF INTERNAL AUDITING IN ENSURING EFFECTIVE AND EFFICIENT FINANCIAL MANAGEMENT (A CASE STUDY OF POST PRIMARY SCHOOLS MANAGEMENT BOARDPPSMB- ENUGU STATE

📄 Project Abstract

The aim of the research is to review and appraise the place of Internal Auditing in ensuring effective and efficient financial management in Enugu State Post Primary Schools Management Board (PPSMB). This was based on the premise that internal auditing is strategic and very crucial towards effective and efficient financial management for the attainment of organizational goals. Internal Auditing has also been acknowledged as one of the most desirable form of audit because it is usually carried out on a continuous/interim basis in organizations. Apart from being the most desirable form of audit it is also one of the most effective internal control measures which makes the work of the external auditors easy. There was no single theory which could do a complete analysis of the research problem. As a result the researcher decided to adopt a concept that can effectively analyze the problem under study after a close and careful observation of the internal audit procedures in the Enugu State P...